Football: QPR unveil plans for new 40,000-seater stadium
LONDON (REUTERS) - Queens Park Rangers (QPR) are planning to move from their Loftus Road ground to a new 40,000-seater stadium in north-west London, the English Championship club said on Thursday.
The stadium would form part of a "major regeneration" of the Old Oak area, including a residential and commercial development larger than the Canary Wharf financial district in east London.
"Loftus Road is - and always will be - a special place for the club and our supporters but we need more than an 18,000 capacity," said QPR chairman Mr Tony Fernandes, the Malaysian entrepreneur who took over the club in 2011.
"With no option of expanding here, we have to look elsewhere...", the AirAsia airline boss and Caterham Formula One team principal told the club website.